MM COMPUTER SYSTEMS BERHAD — Share Issue/Capital Change 2026

May 27, 2026

MM COMPUTER SYSTEMS BERHAD ("MMCS" OR THE "COMPANY")

INITIAL PUBLIC OFFERING OF ORDINARY SHARES IN MMCS IN CONJUNCTION WITH THE LISTING OF MMCS ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD

(Unless otherwise stated, all defined terms used in this announcement shall have the same meaning as those defined in the Prospectus issued by MMCS dated 11 May 2026.)

On behalf of the Board, Malacca Securities wishes to announce the following in relation to the IPO:

1. LEVEL OF SUBSCRIPTION

(i) Malaysian Public balloting

A total of 15,363 applications for 1,222,544,100 Issue Shares with a value of RM268,959,702 were received from the Malaysian Public for 28,350,000 Issue Shares that were made available for application by the Malaysian Public, which represents an overall oversubscription rate of 42.12 times.

For the Bumiputera portion, a total of 6,358 applications for 365,807,500 Issue Shares were received, which represents an oversubscription rate of 24.81 times.

For the non-Bumiputera portion, a total of 9,005 applications for 856,736,600 Issue Shares were received, which represents an oversubscription rate of 59.44 times.

(ii) Eligible Persons

28,350,000 Issue Shares made available for application by the Eligible Persons have been fully subscribed.

(iii) Private placement to selected investors

38,769,500 Issue Shares made available by way of private placement to selected investors have been fully placed out.

(iv) Private placement to selected Bumiputera investors approved by the MITI

70,875,000 IPO Shares (comprising 23,530,500 Issue Shares and 47,344,500 Offer Shares) made available by way of private placement to selected Bumiputera investors approved by the MITI have been fully placed out after applying the relevant clawback and reallocation provisions as set out in the Prospectus.

THE REST OF THIS PAGE HAS BEEN INTENTIONALLY LEFT BLANK

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1. BASIS OF ALLOTMENT / ALLOCATION

The basis of allotment/allocation of 22,914,600 IPO Shares (after applying the relevant clawback and reallocation provisions as set out in the Prospectus) to 3,568 Bumiputera applicants is set out below:-

Range of Shares		Total No. of Applications	No. of Successful Applications	Success Rate (%)	No. of Shares to be Allotted per Application	Total No. of Shares Allotted	% Over Total Shares Allotted
From	To
100	900	847	396	46.75	100	39,600	0.17
1,000	1,900	412	195	47.33	1,000	195,000	0.85
2,000	2,900	265	128	48.30	2,000	256,000	1.12
3,000	5,900	566	281	49.65	3,000	843,000	3.68
6,000	10,900	939	478	50.91	4,000	1,912,000	8.34
11,000	19,900	580	300	51.72	6,000	1,800,000	7.86
20,000	49,900	1,270	670	52.76	7,000	4,690,000	20.47
50,000	99,900	644	345	53.57	8,000	2,760,000	12.04
100,000	199,900	410	361	88.05	9,000	3,249,000	14.18
200,000	499,900	220	213	96.82	10,000	2,130,000	9.30
500,000	999,900	126	123	97.62	20,000	2,460,000	10.74
1,000,000	2,999,900	60	59	98.33	30,000	1,770,000	7.72
3,000,000	4,999,900	14	14	100.00	40,000	560,000	2.44
5,000,000	6,999,900	5	5	100.00	50,000	250,000	1.09
7,000,000	9,999,900	0	0	0.00	60,000	-	0.00
10,000,000	ABOVE	0	0	0.00	70,000	-	0.00
Total		6,358	3,568			22,914,600	100.00

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The basis of allotment/allocation of 14,175,000 Issue Shares to 2,007 public applicants is set out below:-

Range of Shares		Total No. of Applications	No. of Successful Applications	Success Rate (%)	No. of Shares to be Allotted per Application	Total No. of Shares Allotted	% Over Total Shares Allotted
From	To
100	900	1,185	150	12.66	100	15,000	0.11
1,000	1,900	783	106	13.54	1,000	106,000	0.75
2,000	2,900	524	75	14.31	2,000	150,000	1.06
3,000	5,900	1,289	200	15.52	3,000	600,000	4.23
6,000	10,900	1,555	250	16.08	4,000	1,000,000	7.05
11,000	19,900	1,053	184	17.47	6,000	1,104,000	7.79
20,000	49,900	2,165	400	18.48	7,000	2,800,000	19.75
50,000	99,900	1,268	250	19.72	8,000	2,000,000	14.11
100,000	199,900	905	190	20.99	9,000	1,710,000	12.06
200,000	499,900	440	93	21.14	10,000	930,000	6.56
500,000	999,900	153	35	22.88	20,000	700,000	4.94
1,000,000	2,999,900	122	29	23.77	30,000	870,000	6.14
3,000,000	4,999,900	43	21	48.84	40,000	840,000	5.93
5,000,000	6,999,900	20	15	75.00	50,000	750,000	5.29
7,000,000	9,999,900	3	3	100.00	60,000	180,000	1.27
10,000,000	ABOVE	6	6	100.00	70,000	420,000	2.96
Total		11,514	2,007			14,175,000	100.00

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4

1. DISTRIBUTION FOR PLACEMENT TRANCHE

Pursuant to the private placement, a total of 100,904,900 IPO Shares (comprising 62,300,000 Issue Shares and 38,604,900 Offer Shares) ("Placement Shares") have been allocated to a total of 314 investors, including selected investors and selected Bumiputera investors approved by the MITI. The distribution of the Placement Shares is set out below:-

	Aggregate number of Placement Shares allocated ('000)	Aggregate percentage of the total number of Placement Shares allocated (%)	Approximate percentage of shareholding over the enlarged issued share capital of the Company immediately after completion of the IPO(1) (%)
Top placee	8,318	8.24	1.47
Top 3 placees	20,772	20.59	3.66
Top 5 placees	26,822	26.58	4.73
Top 10 placees	37,795	37.46	6.67
Top 25 placees	55,748	55.25	9.83

Note:
(1) Based on the enlarged total number of 567,000,000 Shares after the IPO.

1. DISCLOSURE OF PLACEES WHO BECOME SUBSTANTIAL SHAREHOLDERS OF MMCS ARISING FROM THE IPO, IF ANY

Not applicable.

This announcement is dated 28 May 2026